How can China, the leader in renewable energy but the world’s biggest carbon emitter, find its path to carbon neutrality by 2060
China is heavily investing in renewable energies to stay within the limits of its two carbon emission goals: to reach peak emission by 2030 and neutrality in 2060. While China is the biggest investor in renewable energy globally, it is simultaneously also the biggest emitter of CO2, as energy supply stability and continued economic growth […]
How laundry cleaning brands incorporate sustainability into their business in China
The laundry cleaning market in China has been growing steadily in recent years. According to iiMedia’s report, the market size of the laundry cleaning market is predicted to reach 87.5 billion yuan and continue to grow in the next few years. As the laundry cleaning market in China keeps expanding, laundry detergent brands are increasingly […]
Hydrogen vehicles in China: Will it overtake EVs?
As of March 2022, the Chinese government released the country’s first-ever long-term plan for hydrogen vehicles. By 2025, the government aims to have 50,000 hydrogen fuel-cell vehicles on the road, more than 6 times the existing units of 8,000 in 2020. The gap in the market and the explicit support from the government for the […]
Green consumption in China: the lesser-known ‘side-effect’ of COVID-19 for brands
Green consumption refers to consumers’ preference towards environmental-friendly products. The awareness of sustainability in China and green consumption has been a growing trend in pre-pandemic times and Chinese consumers have been increasingly motivated to choose eco-friendly and social-friendly products for the sake of protecting the environment. This has been proven by a number of recent […]
Sustainable consumption in China: Are Chinese consumers ready to ride the green wave?
In 2018, dairy company Yili Group released a report on sustainable consumption in China in which it mentioned that over 90% of Chinese consumers were aware of sustainable consumption and 70% were very conscientious of it. Awareness of eco-friendly consumption in China is increasing as sustainability and environmental summits and conferences are flourishing. In a […]
Reaching China’s 2060 carbon neutral pledge: Carbon Capture and the technologies behind it
As the COVID-19 pandemic was the main topic of discussion at the 75th United Nations general assembly, China took the world by surprise by making a bold and unexpected pledge: reaching peak carbon emissions by 2030 and achieving carbon neutrality by 2060. An ambitious plan to tackle global warming considering China is the country emitting […]
Modern Chinese fashion: Poetry, heritage, tech-forward and impact are the four upcoming trends
As the structure of mass consumption has undergone major changes in China, modern Chinese fashion is following new trends. Nowadays, “displaying power, connecting industries, and promoting ecology” has become the mission of many Chinese fashion brands. With the deepening of international fashion exchanges and cooperation, Chinese traditional elements and oriental aesthetics have received great attention. […]
Office furniture market in China: Industry Report
The office furniture market in China is in rapid development. After China joined the WTO, the tariff on office furniture decreased, triggering the increase of the office furniture export. Meanwhile, China is also one of the largest office furniture consumption countries. According to Qianzhan, the revenue of the office furniture market in China was over […]
Green Buildings in China: Market drivers and misconceptions
Green buildings have established themselves as a key element in the future development of the Chinese economy. In fact, 25% of energy consumed in China is attributed to buildings. The green building industry’s expansion is occurring quickly. While the first green building was built in 2005, today there are more than 1 billion square meters […]
Green China: Fintech – tech giants fueling green technology and green finance | Daxue Consulting
Tech giants as green innovators China’s technology giants such as Tencent, Baidu, and Alibaba are playing a vital role in sustainable development. These top internet companies are accelerating the pace of change through online technology – particularly e-commerce, internet banking, and social media – as well as green innovation and technology. China’s sustainable technology sector […]
Green China: Chinese consumers demand green products | Daxue Consulting
China’s accelerated economic expansion coupled with lax environmental oversight has led to a number of ecological problems within the country. Thus, the impacts of the lack of environmental protection have become a personal problem in the eyes of many Chinese consumers primarily in regards to health and safety; in light of growing public concerns and […]